Minnesota

Mahnomen County

ZIP 56566

5,371 residents0 permits TTM$53,925 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$146,500

ACS 5-Year

Cap rate proxy

5.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

15.2%

HUD FMR ÷ ACS HHI

Net migration

+0.56%

IRS SOI

Permits (TTM)

0

Census BPS

Climate risk

7.1

FEMA NRI (0–100)

ZIP 56566

Median home value

$146,500

Gross yield

8.0%

Cap rate

5.6%

Rent gap

29.6%

Affordability

P/I: 2.7R/I:

Section 8 detail

SAFMR: $973Rent: $685Gap: 42.0%
ZIP code breakdown5 ZIP codes

Numbers repeat across most ZIPs in this county

ZIP-level home-value data isn't published for rural areas. Federal sources (Census ACS, HUD non-metro FMR) are available at the county level only, so home-value, cap-rate, and rent-gap numbers use the county estimate for every ZIP in the county.

ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
56557$144,565$9738.1%5.7%29.6%
56516$146,500county est.$9738.0%5.6%29.6%
56566$146,500county est.$9738.0%5.6%29.6%
56651$146,500county est.$9738.0%5.6%29.6%
56589$259,259$9734.5%3.2%29.6%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

72.5%

Census ACS

Vacancy rate

26.7%

Census ACS

Bachelor's degree +

14.3%

Census ACS

Rent burdened

31.3%

Census ACS (>30% income)

Median age

35.2

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026